Baseball and Insurance: Don’t Make Early Assumptions About the Data

Although I touched on the sport in last weeks blog, since this week is the real start of the Major League Baseball seasondespite the fact two American teams played in Japan last week (with a Japanese tech companys logo on the batting helmets)its time for my annual observation about analyzing...

By Robert Regis Hyle | Updated on April 02, 2012

Although I touched on the sport in last week’s blog, since this week is the real start of the Major League Baseball season—despite the fact two American teams played in Japan last week (with a Japanese tech company’s logo on the batting helmets)—it’s time for my annual observation about analyzing data in different ways.

Since last season, the predictive analytics book Moneyball was turned into a movie and both Brad Pitt and Jonah Hill were nominated for Oscars for their roles, which should have excited data geeks. After all, when you can get Pitt to portray someone who believes in statistical analysis of data you’ve won half the battle, right? (He could do for actuaries what Julia Roberts did for paralegals.)

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